Archive for May 30th, 2012

Keith Jurow ZeroHedge.com May 30, 2012 Editor’s Note: Keith Jurow has been posting articles regularly for the past two years on BUSINESS INSIDER. He is the author of Minyanville.com’s Housing Market Report. Keith Jurow After being the only analyst who was spot-on correct in stating for the past two years that there is no... »

Joe Weisenthal BusinessInsider.com May 30, 2012 The beatings continue, especially in Spain, where the IBEX is down 1.7%. This markets three straight days of substantial losses to start the week. Yield on the Spanish 10-year bond has shot above 6.556%. As a reminder, we’re talking about a potential crisis in a country whose economy... »

by Tyler Durden ZeroHedge.com 05/30/2012 You know its bad when… two of the largest and best-known ‘familia’ in Europe and the US come together. As the FT reports, The Rockefellers and The Rothschilds are uniting under a common group as Rothschild Investment Trust and Rockefeller Financial Services become one. The patriarchs (David Rockefeller 96,... »

by Tony Cartalucci Landdestroyer.blogspot.com May 29, 2012 In the wake of the Houla massacre in Syria, and evidence exposing the West’s initial narrative of Syrian troops “shelling to death” around 100 people to be categorically false, people are struggling to understand just what happened. The Guardian has chosen to post unverified witness accounts produced... »

By Jim Wolf Reuters.com Tue May 29, 2012 President Barack Obama’s administration appears set to notify the U.S. Congress of plans to arm a fleet of Italian MQ-9 Reaper drones, a step that may spur a wider spread of remotely piloted hunter-killer aircraft. The administration could move ahead within two weeks on the proposal... »

by Tyler Durden ZeroHedge.com 05/29/2012 Repress extend-and-pretend; dismiss the can-kicking; and forget fake-it-til-you-make-it; Charles Biderman of TrimTabs recalls Jim Bianco’s quote of the day on Spain’s ‘Delay-and-Pray’ as the new normal for what is rapidly moving beyond farce in Europe. Beginning with the nations’ own ‘silly’ perspective that the problem is ‘unquantified’ at the... »

TheExtinctionProtocol.com May 30, 2012 KAMCHATKA – A volcano in Russia’s Far East Kamchatka spewed ash high into the sky on Tuesday following a series of tremors, local media reported. The column of ash from the 3.3-km-high Shiveluch volcano reached up to 7.3 km above sea level, according to the Itar-Tass news agency. No impact... »

EndOfTheAmericanDream.com Do you believe that parents should be able to spank their children? Do you ever express that opinion to others? If so, then you could be sent to prison. Sadly, that is exactly what happened to one pastor up in Wisconsin recently. A minister named Philip Caminiti was sentenced to 2 years in... »

TheEconomicCollapseBlog.com Warren Buffett once said that derivatives are “financial weapons of mass destruction”, and that statement is more true today than it ever has been before. Recently, JP Morgan made national headlines when it announced that it was going to take a 2 billion dollar loss from derivatives trades gone bad. Well, it turns... »